regulatory
confidence high
sentiment positive
materiality 0.65
Soligenix regains Nasdaq compliance after reverse stock split, delisting threat resolved
SOLIGENIX, INC.
- Received Nasdaq letter on July 24, 2024 confirming regained compliance with Minimum Bid Price Rule.
- Effected a 1-for-16 reverse stock split on June 5, 2024 to boost share price above $1.00.
- Previously disclosed non-compliance as of June 23, 2023; hearings panel closed matter.